The Indian two-wheeler brake system market is forecast to grow from $600 million in 2018 to $1.55 billion by 2024, exhibiting a CAGR of over 17% during 2019-2024. Growth in the market is expected to be driven by the increasing demand for two-wheelers, owing to their higher fuel efficiency, easy maneuverability, lower emissions and price competitiveness. The two-wheeler market is anticipated to grow at a brisk pace in the country during forecast period, as companies are launching new models according to the customer preferences, which in turn would fuel the demand for braking systems in India. Technological advancements and government regulation mandating ABS for two-wheelers above 125 cc and increasing number of road accidents are some of the other factors that are expected to positively influence the market in coming years.

To perform the study, the author conducted primary as well as exhaustive secondary research. Initially, an exhaustive list of two-wheeler brake system distributors and dealers operating in the country was prepared. Subsequently, the author conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the author could include manufacturers which could not be identified due to the limitations of secondary research. The author analyzed product offerings, distribution channels, and regional presence of all major two-wheeler brake system companies across the country.

The author calculated the Indian two-wheeler brake system market size by using a bottom-up technique, wherein sales volume data of different two-wheeler brake types and end-users, were recorded as well as forecast for the future years. The author sourced these value & volume from the industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as SIAM, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also studied.

Associations, organizations, forums and alliances related to the two-wheeler brake system industry

Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as two-wheeler brake system manufacturers, dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, the two-wheeler brake system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Vehicle Type:

Motorcycle

Scooter

Moped

Market, by Brake Type:

Disc

Drum

Market, by Demand Category:

OEM

Replacement

Market, by Capacity:

< 100cc

101-125cc

126-150cc

151-200 cc

>200cc

Market, by Region:

East

West

North

South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in the Indian two-wheeler brake system market.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs. The following customization options are available for the report:

For both the Single and Enterprise user license, 10% report specific customization is available free of any additional cost, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.